Description of the Business Line or Department
To ensure the accurate update of Kondor+ (Trade Capture, Reporting and Risk Monitoring system) and database integrity of FO and BO systems (Kondor+ and OLYMPIC) via daily reconciliation. To monitor, control, and ensure all transactions are processed in accordance with the Bank’s processes and procedures using Kondor+ system before passing to Back Office for settlement. To improve the integrity of all the transactions and data flows. To ensure the Treasury Middle Office provide added value links between Front Offices and Back Offices beyond the Immune concepts. To facilitate communication between Back Office and Front Office and ensure information is produced and circulated as necessary.
To ensure compliance with regulatory requirements and Group policy in Middle Office activities.
To maintain the Group Middle Office common guidelines, methodology and procedures manual.
Summary of the key purposes of the role
To act as an interface to facilitate operational processes between Front Offices and Back Office
To follow up promptly on any discrepancies and exceptions and report to Management.
To facilitate communication between Back Office and Front Office and ensure information is produced and circulated as necessary.
Summary of responsibilities
Coordinate and liaise with Treasury dealing desk to ensure smooth and efficient workflow and reporting/investigation where necessary
Run & investigate daily: reconciliations on FX, MM, Securities & Derivatives Products in relation to the Treasury scope
Monitor Staccato (Spot blotter) Error report for trades not quoted / hedged by Treasury and liaise with IT when necessary
Maintain & save FX rates and interest rate curves
Carry out necessary data changes within Kondor+ (Treasury Risk system of the bank)
Off-Market reporting for MM and FX
Produce Risk reports (morning and evening)
Perform EOD revaluations
Produce monthly statistics for Front Office & Finance
Perform Monthly processes to control and mitigate FX, risk operational, regulation (Mifid II Check & reporting)
& Static Data errors
Monitor FX live reconciliation during the day ensuring all trades appear in Kondor+/ Olympic in a timely manner
Data Management - Data Set up, maintenance & reconciliations
Oversight of Cash/Fund/Stock Reconciliation of the Bank when required
Attend to and participate in projects as and when required
The employee must know and comply with the regulations, rules and procedures, internal and external applicable in the context of its function and follow the compulsory training.
Perform all duties in accordance with the principles outlined in the SG Code of Conduct, as well as the policies and procedures relevant to your responsibilities, to ensure that you adhere to a culture that treats clients fairly and focuses on the long-term sustainability of client relationships with both internal and external.